Bachelor of Science in Economics and Statistics

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https://scholar.ucu.ac.ug/handle/20.500.12311/88

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Browsing Bachelor of Science in Economics and Statistics by Author "Esther Nakabugo"

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    Assessment of Financial Management and Resource Allocation in the Parish Development Model of Uganda
    (Uganda Christian University, 2024-08-27) Esther Nakabugo
    The study established the assessment of financial management and resource allocation in the Parish development model. a case study of Ministry of Finance, Planning and Economic Development. It specifically focused on; examining the relationship between the number of years worked (level of experience) in an organization and how it leads to successful factors of financial management, finding out the relationship between best practices that can be adopted in financial management and the level of experience. The study was carried out using a descriptive research design where both quantitative and qualitative research approaches were also used. The data was collected using questionnaires and interviews during the data collection, both purposive and simple random sampling methods were used. A sample size of 39 respondents who are management and employees from MOFPED was also used in the study. The data was analyzed using Chi-square statistics with the help of SPSS version 20. From the study findings using chi-square statistics highlight the intricate interplay between level of experience and the factors to be considered for successful financial management and resources allocation together with the best practices that should be adopted for financial management. Lastly, the study recommended that the government of Uganda should prioritize creating and promoting precise frameworks for financial management that emphasize creating quantifiable targets and putting in place reliable financial control mechanisms